Jackson, Tennessee is the most up-to-date city in the United States moving to undertake Bitcoin (BTC) payments and mining, pursuing modern crypto developments in Florida.
Jackson Mayor Scott Conger declared Wednesday that the metropolis is actively checking out the selection to pay back its workforce in cryptocurrency in addition to mining Bitcoin and introducing it on the city’s balance sheet. The mayor hinted that the town is looking to empower payrolls in several digital property, mentioning coins like Bitcoin, Ether (ETH), and Litecoin (LTC).
“Local authorities will lead the way in #Bitcoin adoption, and alongside with it, usher in a new industrial revolution with sustainable economies that will assistance shut the prosperity gap,” Mayor Conger claimed in a Thursday tweet.
The most recent announcement will come soon soon after Mayor Conger joined the crypto community’s “laser eyes” flash mob, switching his Twitter profile picture to consist of laser eyes previously this week. The crypto laser eyes craze emerged in February, with business leaders and people shifting their Twitter profile avatars to include laser eyes in assist of Bitcoin’s selling price surge.
The mayor’s shift follows in the methods of Miami Mayor Francis Suarez, who backed a main initiative to allow Miami residents to pay taxes and receive salaries in Bitcoin. The metropolis commission has now supported a resolution to investigate Bitcoin as an appropriate financial commitment for municipal cash. A Miami-Dade County commissioner backed a related tax resolution in April.
“I’m just following your lead,” the Jackson mayor said in reaction to Mayor Suarez’s support of his newest crypto move.
That is my male! https://t.co/Nk5tZ96tMA
— Mayor Francis Suarez (@FrancisSuarez) April 21, 2021